SNOW Snowflake Options Ahead of EarningsIf you haven`t sold SNOW on this Head and Shoulders Bearish Chart pattern, on Disappointing Growth Forecast:
or reentered here, ahead of earnings:
Then analyzing the options chain and the chart patterns of SNOW Snowflake prior to the earnings report this week,
I would consider purchasing the 145usd strike price Puts with
an expiration date of 2023-8-25,
for a premium of approximately $7.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.